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yw3410last Sunday at 11:57 PM1 replyview on HN

Not really? If the same value and wealth is being created - the redistribution of it raises the floor as well.


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csallenlast Monday at 4:21 AM

Capping the ceiling would be a tremendous mistake. It would eliminate the "if" in your scenario. The same value in wealth would not be created. You would be massively disincentivizing people to stay here and innovate, and that innovation would flow elsewhere or simply diminish.

Luckily, we've never actually capped the ceiling, and it's unlikely we ever will.

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